Starbucks (SBUX) just reported its first positive same-store sales in almost two years, but I'm still worried it might cut its dividend. In this video, I break down something most investors miss: how companies can make their numbers look better by closing underperforming stores right before quarter-end. I'll show you three warning signs every dividend investor should watch - payout ratios over 100%, sudden drops in dividend growth, and metric head-fakes in earnings reports. Starbucks is paying out 123% of their free cash flow as dividends, raised their dividend only 1.6% (vs their usual 9-15%), and closed 627 stores in Q4. After 7+ years of investing, I've seen this pattern before. All the warning signs are there - does that mean a cut is coming? Not necessarily, but the ingredients are lined up. Whether you own Starbucks or any other dividend stock, you'll learn how to spot these red flags before the headlines catch up. the YouTube video!
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